Chinese crypto entrepreneur Justin Suns legal troubles seem to be fading away.
In March 2023, the Securities and Exchange Commission (SEC) charged him with manipulating the market.
After Trump was elected, he dumped $30 million into the Presidents World Liberty Financial crypto scheme.
Justin Sun eating a $6.2 million banana.©Image via Social Media.
Now a federal judge has granted him a stay in the SECs investigation.
He ate the banana in front of cameras in Hong Kong after the check cleared.
That was in November, when the specter of an SEC-led fraud investigation was still hanging over his head.
He also allegedly paid for celebrity endorsements without disclosing the agreement.
Several of the celebrities, including Lohan, agreed to pay $400,000 to settle the SEC investigation.
Suns SEC legal troubles also seem to be over.
Sun came on to WLF as an advisor.
Days after the inauguration,Sun praised President Trumpin a post on X.
Both Trump Coin and World Liberty Financial are bound to perform exceptionally well.
On February 26, the SEC and Suns lawyerssent a letterto the Judge for the case.
The Judge signed it andgranted the staya day later.
On X, Sun reposted news of the stayabove handshake emojis.
Its just another deal being struck by the Trump administration.
H.E.
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